Visa Current Assets vs Return on Average Assets Analysis

Current Assets vs Return on Average Assets

Accounts Relationship

Current Assets vs Return on Average Assets

Significance: Strong Relationship

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Visa Current Assets account and Return on Average Assets

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Current Assets

Current assets of Visa include cash, cash equivalents, short-term investments, accounts receivable, stock inventory and the portion of prepaid liabilities which will be paid within a year. Depending on the nature of the business, current assets can range from barrels of crude oil, to baked goods, to foreign currency. Current assets are important because they are the assets that are used to fund day-to-day operations of Visa. The current portion of Total Assets, reported if a company operates a classified balance sheet that segments current and non-current assets.

Return on Average Assets

Return on assets measures how profitable a company is Net Income Common Stock relative to its total assets Average Assets.

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